my articles | learn more about DirectoryM articles | contact us | advertise with us   
 
SEARCH:
Quick Search Results

Searching...

ABOUT US | VIEW ALL FEATURED ARTICLES | VIEW ALL TOPICS | VIEW ALL REGIONS | DM MOBILE | DM BLOG

Stock Broker Alabama

The lucrative job of a stock broker has invited its share of ambitious individuals willing to put their mouth where the money is. This job is known for its high pace and financial incentives. However, becoming a stock broker is not without a lot of growing pains.
1. Local Companies
2. Things That Stock Brokers Do
3. A Typical Workday as a Stock Broker
4. Becoming a Stock Broker
5. Featured National Company

1. Local Companies

Nichols Philip G Stock Brokr
(205) 879-0016
2900 Highway 280 S
Birmingham, AL
Gregory Richard Stock Brokr
(256) 350-1925
123 Lee St NE
Decatur, AL
Moore Susan C Stock Broker
(256) 329-2471
51 Clay St
Alexander City, AL
Armstrong Steve Stock Brokr
(256) 350-1925
123 Lee St NE
Decatur, AL
Smith Fred Bogar Stock Brokr
(205) 879-0016
2900 Highway 280 S
Birmingham, AL


2. Things That Stock Brokers Do

Brokers are individuals that act as the intermediaries for the seller of securities, and the investors that buy them. The word "broker" applies to several circumstances. One can be a real estate broker or a car broker. This word can also describe a salesperson since they bridge the seller of the goods to the consumers. Brokers are important because they carry out the standards of the markets with the purpose to sell more goods. A good broker is trusted to work for their interests.

A transaction on a stock exchange cannot be completed without a broker since only members of the stock exchange and registered representatives can enter a transaction. The broker is the primary access of a normal stock buyer to the market. There are various types of stock brokers. Execution-only brokers are tasked to only follow the client's instruction to buy or sell. Other stock brokers can advise their clients on which stocks to buy and sell, but leaves the financial decision to the investor. Discretionary dealing is where the stock broker trades stocks based on his client's objectives.

Stock brokers are usually sought for their advice. Thus, they share similar roles with investment advisors and financial advisors. Brokers can also trade on the market on their own behalf.

3. A Typical Workday as a Stock Broker

The services of a stock broker are sought for their information and their expertise. They are the active hand of individual investors or corporation. Since they have the monopoly of the 'middleman', they can advise and perform consultations for their clients on certain investments.

Usually, stockbrokers are there for investor education. They explain how the stock market works and they gather information that will serve the client's interest. They help investors determine the best investments based on the client's objectives. For many investors, the words of a trusted stock broker can be regarded as scripture since it is their primary source of expert opinion.

After investment options are sorted out, the stock broker sends the order on the floor of the securities exchange. After the transaction is accomplished, the stock broker informs the client on the price of the security, transfers the title of the stock to the client and he works to complete the deal. Stock brokers take the normal nine to five shift, but they should also be prepared to work more hours to get a deal done. Budding stock brokers spend most of their time on the phone building their client base.

4. Becoming a Stock Broker

A college degree is not required to become a stock broker, but the job market prefers that you have one. Stock brokers have to be duly licensed by passing the General Securities Representative Examination and by posting a bond. Brokerage firms usually take their applicants into a four-month intensive on-the-job training to prepare their employees for the licensure exam. This training is the doghouse for young brokers. Not only will you have to match the standards of the firm , but you will also be competing with fellow trainees for a few numbers of vacant slots. Aside from the general licensure exam, most states also require the Uniform Agents State Law examination. These tests are done to ensure the candidate's knowledge of all aspects of the market.

Being a stock broker requires constant training even if you are well into your career. Most brokers take classes and train up to two years while working full time. Attendance in seminars and forums are important throughout their careers to keep them informed on the development of their field.

It is rare for people straight out of college to become stockbrokers. Usually, one should have prior work experience, preferably on a related field, to become a stockbroker. This is not to say that it is impossible not to get into the system by other means. Highly talented individuals who have a knack for numbers and the market can easily outwit conventional brokers. A strong background in economics, finance, math, computers, and business management will go a long way in advancing your career.

5. Featured National Company

Harris Medical Associates

770-497-9685
1180 Satellite Boulevard, Suite 200
Suwanee, GA
http://www.harrismedical.com/

Read more about Stock Broker

Regional Articles
- Stock Broker Alabaster AL
- Stock Broker Albertville AL
- Stock Broker Alexander City AL
- Stock Broker Andalusia AL
- Stock Broker Anniston AL
- Stock Broker Arab AL
- Stock Broker Athens AL
- Stock Broker Atmore AL
- Stock Broker Attalla AL
- Stock Broker Auburn AL
- Stock Broker Bay Minette AL
- Stock Broker Bessemer AL
- Stock Broker Birmingham AL
- Stock Broker Boaz AL
- Stock Broker Brewton AL
- Stock Broker Clanton AL
- Stock Broker Cullman AL
- Stock Broker Daphne AL
- Stock Broker Deatsville AL
- Stock Broker Decatur AL
- Stock Broker Dothan AL
- Stock Broker Eight Mile AL
- Stock Broker Enterprise AL
- Stock Broker Eufaula AL
- Stock Broker Fairfield AL
- Stock Broker Fairhope AL
- Stock Broker Fayette AL
- Stock Broker Florence AL
- Stock Broker Foley AL
- Stock Broker Fort Payne AL
- Stock Broker Gadsden AL
- Stock Broker Gardendale AL
- Stock Broker Grand Bay AL
- Stock Broker Greenville AL
- Stock Broker Guntersville AL
- Stock Broker Haleyville AL
- Stock Broker Hamilton AL
- Stock Broker Hanceville AL
- Stock Broker Hartselle AL
- Stock Broker Harvest AL
- Stock Broker Hazel Green AL
- Stock Broker Helena AL
- Stock Broker Huntsville AL
- Stock Broker Irvington AL
- Stock Broker Jacksonville AL
- Stock Broker Jasper AL
- Stock Broker Killen AL
- Stock Broker Lanett AL
- Stock Broker Leeds AL
- Stock Broker Madison AL
- Stock Broker Mc Calla AL
- Stock Broker Millbrook AL
- Stock Broker Mobile AL
- Stock Broker Monroeville AL
- Stock Broker Montevallo AL
- Stock Broker Montgomery AL
- Stock Broker Moulton AL
- Stock Broker Muscle Shoals AL
- Stock Broker Northport AL
- Stock Broker Oneonta AL
- Stock Broker Opelika AL
- Stock Broker Oxford AL
- Stock Broker Ozark AL
- Stock Broker Pelham AL
- Stock Broker Pell City AL
- Stock Broker Phenix City AL
- Stock Broker Piedmont AL
- Stock Broker Pinson AL
- Stock Broker Pleasant Grove AL
- Stock Broker Prattville AL
- Stock Broker Roanoke AL
- Stock Broker Robertsdale AL
- Stock Broker Russellville AL
- Stock Broker Saraland AL
- Stock Broker Scottsboro AL
- Stock Broker Selma AL
- Stock Broker Semmes AL
- Stock Broker Smiths Station AL
- Stock Broker Sylacauga AL
- Stock Broker Talladega AL
- Stock Broker Tallassee AL
- Stock Broker Theodore AL
- Stock Broker Troy AL
- Stock Broker Trussville AL
- Stock Broker Tuscaloosa AL
- Stock Broker Tuscumbia AL
- Stock Broker Tuskegee AL
- Stock Broker Valley AL
- Stock Broker Warrior AL
- Stock Broker Wetumpka AL
Related Local Events
First Friday Forum
Dates: 9/5/2008 - 9/5/2008
Location: Lulu's
Gulf Shores AL
View Details
First Friday Forum
Dates: 10/3/2008 - 10/3/2008
Location: Lulu's
Gulf Shores AL
View Details
First Friday Forum
Dates: 11/7/2008 - 11/7/2008
Location: Lulu's
Gulf Shores AL
View Details
Rate Article
     
Articles Insider
Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin
Topics:
Advertising Educational Content Home Appliances Real Estate Resources
Business Services Entertainment Home Electronics Software
Career Family Home Services Technology
Cars Fashion Internet Telecommunications
Chamber of Commerce Financial Services Legal Trade Shows
Computer Hardware Franchise Miscellaneous Travel
Construction Health Nightlife Weddings
Education Holidays Online Database World History
Articles.DirectoryM.com | Search | About Us | Contact Us | Mobile | Blog | En Español
Copyright © Interaction Media Group. All rights reserved.